A Step-by-Step-Guide on how to buy Electra (ECA)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Electra (ECA) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Electra (ECA) As soon as your deposit has been approved, you'll immediately have access to your finances and you can commence buying and trading. To purchase Electra (ECA) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate Electra (ECA), you will need to insert the shortname of the coin (ECA) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “ECA/BTC” to go on.
Step 4 – Purchase Electra (ECA) Once you've located Electra (ECA), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Electra (ECA) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of ECA you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of ECA. If you're happy, make a mouse click on “Buy ECA”. Your plan will be filled as soon as a Vendor sells their ECA for the price you introduced.
Step 5 – Withdraw Electra (ECA) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your Electra (ECA), hover over the ”Funds” tab and mouse click on “Withdraw”. Electra (ECA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Electra (ECA) by using the given drop-down box. Drop in the quantity of Electra (ECA) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.